(this is often the case in the real estate coaching business) However even if it is good information, you simply are not going to learn everything you need in one day. 

Projecting 16-20% IRR to investors, i.e. 2.7x cash-on-cash at mid-case in a 7 year hold scenario meaning projecting $270K total cash return for each $100K invested. 

This is at least the case in Colorado according to our Exclusive Right to sell listing agreement. 

Case in point is, approach your business and tenants as you see fit.

After you find something that looks neglected the next best thing is to check the address at the registry of deeds and see if their mortgage has been assigned multiple times or if the lender has filed a service members case in land court. 

As a case in point, I projected $1,150 a month on a 970 sq ft, 3 bed, 1 ba rancher we acquired for an investor client in October 2016.

Sometimes they are way low, probably the case in your deal.

As much as i hate to, if F4F doesn't call me tomarrow by noon i will go to my awesome bank- but still a bank and hope they will give me the credit I need to secure this place and begin participating in this amazing market, and no more rationing food by the 15th of the month while my wife Drs. hound her for higher protein in her diet.  

(This isn't the case in some areas, but Milwaukee's price to rent ratio is so out of whack it's especially true) However, a lot of these sub $100k buyers are getting their downpayment paid for through assistance programs, and I'm not sure that would be the case for more expensive properties, which would keep them away from that price point.

Found this article in my local newspaper.A new California Appellate case just published August 8, 2013, "Glaski vs Bank of America", holds that a homeowner can challenge his lender's right to foreclose by showing that the Deed of Trust never made it into the securitized trust until after the trust's closing date.This is the case in most loans made in the last 12 years.